Benjamin Carter Leases Retail Space To Peruvian Cuisine Restaurant At 96-01 Corona Avenue
96-01 Corona Avenue
$85
$85/SF
Building Size
1,500 SF
Asset Type
Retail
Closing
Apr 30, 2026
About this deal
AI
The property involved in this transaction is a retail asset located at 96-01 Corona Avenue in Corona. The space spans 1,500 square feet and is subject to a modified gross lease. The asking rent for the property is $85 per square foot.
Summary of transation details:
- Property Type: Retail
- Transaction Amount: $85/ft
- Lease Type: Modified Gross Lease
- Landlord: Benjamin Carter
- Tenant: Peruvian Cuisine Restaurant
- Brokers: Luca DiCiero & Faisal Gilani - NY Space Finders
Key individuals involved in this lease transaction include Benjamin Carter, representing the landlord, and the tenant, Peruvian Cuisine Restaurant, which will occupy the retail space. The brokers managing the deal are Luca DiCiero and Faisal Gilani from NY Space Finders, facilitating the agreement between the landlord and tenant.
On the Map
$85
$85/SF
Retail
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Players
Corona Retail Market Snapshot
Boundary boundary · Retail · Lease transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
186623.53%
Cash-on-Cash
-53337.58%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93